• Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • ANU College ANU College of Business and Economics
  • Course subject Statistics
  • Areas of interest Actuarial Studies, Finance, Statistics
  • Academic career UGRD
  • Course convener
    • Dr Boris Buchmann
  • Mode of delivery In Person
  • Co-taught Course
  • Offered in First Semester 2017
    See Future Offerings

The course offers an introduction into modern probability theory, including probability spaces, random variables, conditional probability and independence, limit theorems, Markov chains and martingales with an  outlook towards advanced stochastic processes. The course will emphasise practical understanding and applications as well as a solid theoretical foundation for the subject.

The course will provide a sound foundation to progress to STAT3006 (Adcanced Stochastic Processes), as well as other honours and post-graduate courses emphasizing mathematical finance, stochastic analysis and statistical as well as actuarial sciences.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

On satisfying the requirements of this course, students will have the knowledge and skills to:
1. Explain the fundamental concepts of probability theory and its position in modern statistical and mathematical sciences and applied contexts;
2. Demonstrate accurate and efficient use of probability theory techniques;
3. Demonstrate capacity for mathematical reasoning through analyzing, proving and explaining concepts from probability theory;
4. Apply problem-solving using probabilistic methods in various situations.

Other Information

 See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

Typical assessment may include, but is not restricted to: assignment and a final exam.

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Workload

Students are expected to commit at least 10 hours per week to completing the work in this course. This will include at least 3 contact hours per week and up to 7 hours of private study time.

Requisite and Incompatibility

Prerequisite: STAT2005 Introduction to Stochastic Processes. Incompatible with STAT7018

Assumed Knowledge

Students will require a good background in introductory mathematical statistics  and probability concepts, including  random variables, probability distributions, etc.

Majors

Specialisations

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
2
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
2017 $3444
International fee paying students
Year Fee
2017 $4590
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
4612 20 Feb 2017 27 Feb 2017 31 Mar 2017 26 May 2017 In Person N/A

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